Long-term UK borrowing costs at 28-year high as rising oil prices trigger global bond rout – business live– business live

Renewed fighting in Middle East weighs on financial markets; Shein shares tumble after Hong Kong stock market debut Adding to pressure on the UK’s new prime minister, activity growth in the manufacturing sector has slowed to the weakest since March, according to a closely-watched monthly survey. In better news, hiring at factories picked up to the fastest pace in more than two years last month. Th